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#EUPrivacyCoinBan , the RSI (Relative Strength Index) is a popular technical indicator used to identify overbought or oversold conditions in the market. It ranges from 0 to 100. Typically, an RSI above 70 indicates that the asset may be overbought, suggesting a potential price reversal or pullback. An RSI below 30 signals that the asset may be oversold, indicating a possible bounce or upward move. Traders use RSI to spot potential entry and exit points. It’s especially useful in trend confirmation and spotting divergence. Overall, RSI helps in making more informed trading decisions by analyzing market momentum effectively.$BTC
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